the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> booyahs come all across the country. ♪ >>> all night i'm highlighting my biggest mistakes from last year. there's a little massacism in there, i can't resist. we atone, we adjust, we're better for it. that's the "mad money" way. as much experience as i have, you're never too old to make the classic mistake of falling in love with a stock. which is too bad because it's the quickest way to wreck your portfolio. here's a cautionary tale, a love story. my bad romance with chipotle. they warn us at the end "the day i first met you you told me never fall in love" but did i listen to demi lovato? no. i fell in love with chipotle. i feel like my head hit the concrete. here's my background with chipotle. i have two vegetarian kids, they abhor traditional fast food and because chipotle is organic and my daughters love chowing down from a veggie burrito. i loved the food, the service, uniformit

a broader customerization including chevron. and taking shares from transocean left and right. contract prices were on the upswing, plus the company got a good deal, someone said it stole pride international. i said not only would ensco blow away numbers when reported, but it had a multiple year, multiple year earnings path as clients won't cancel the deep water rigs because it plummeted for a couple of days. the company reports a terrific quarter, oil goes up and next thing ensco rallies around 14 points. it's the time i own my stock for the charitable trust. i thought the story was so fabulous, though, that i got greedy. trust only trimmed a bit of the positions, took very little off the table, even though that is such a huge move and my rules say take at least 25% when you get an increase in price. then out of nowhere, the price of oil plummets, goes down hideously, you know, people can become certain that ensco won't make its numbers, that's how it works. even as the multi-year contracts don't get canceled because of a quick futures downdraft, nevertheless, the stock plummets to $42

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